![CBDT notifies Amendment to Rule 10V for Computation of Remuneration payable to Fund Managers [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/CBDT-Amendment-Rule-10V-Computation-of-Remuneration-Fund-Managers-taxscan.jpg "CBDT notifies Amendment to Rule 10V for Computation of Remuneration payable to Fund Managers [Read Notification]")
CBDT notifies Amendment to Rule 10V for Computation of Remuneration payable to Fund Managers [Read Notification]
The Central Board of Direct Taxes (CBDT) notified Amendment to Rule 10V for Computation of Remuneration payable to Fund Managers. The Board...
![No Income Tax on Allotment of Bonus Shares: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Income-Tax-Allotment-of-Bonus-Shares-Karnataka-High-Court-Taxscan.jpg "No Income Tax on Allotment of Bonus Shares: Karnataka High Court [Read Judgment]")
![Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/IDBI-Bank-ITAT-disallowance-expenditure-income-total-income-Taxscan.jpg "Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]")
![Amount on which TCS not collected from buyer to be reported: CBDT notifies Income-tax (17th Amendment) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/CBDT-Income-tax-Rules-Amendment-Taxscan.jpg "Amount on which TCS not collected from buyer to be reported: CBDT notifies Income-tax (17th Amendment) Rules, 2020 [Read Notification]")
![Finance Ministry extends deadline of Aadhaar-PAN Linking [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/06/Aadhaar-PAN-linking.jpg "Finance Ministry extends deadline of Aadhaar-PAN Linking [Read Notification]")
Chartered Accountant’s Report Required to eligible Funds for Exemption from Business Connections in India: CBDT
In a recent amendment of the Income Tax Rules, 1962, a Chartered Accountant’s Report Required to eligible Funds for Exemption from Business Connections in India. The CBDT vide notification recently...
Expenses on Account of Interest Payment on Loans could not be added while Computing Book Profit: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad held that expenses on account of interest payment on loans could not be added while computing book profit. On verification of the balance sheet, it...
![Expenses on Account of Interest Payment on Loans could not be added while Computing Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Interest-Payment-Loans-Account-Expenses-ITAT-Taxscan.jpg "Expenses on Account of Interest Payment on Loans could not be added while Computing Book Profit: ITAT [Read Order]")
CBDT amends Procedures for Filing Tax u/s 115BAB by New Manufacturing Companies [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has notified new additions to the methods and procedures followed by new manufacturing companies for filing tax under section 115 BAB of the Income Tax Act,...
![CBDT amends Procedures for Filing Tax u/s 115BAB by New Manufacturing Companies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/02/CBDT-Filing-Tax-Taxscan.jpg "CBDT amends Procedures for Filing Tax u/s 115BAB by New Manufacturing Companies [Read Notification]")
![CBDT enables Digital Payment Facility for Income Tax Payers [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/01/Digital-Payments-Penalty-CBDT-Taxscan.jpg "CBDT enables Digital Payment Facility for Income Tax Payers [Read Notification]")
![Father’s Name not Mandatory in PAN: Govt amends Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/05/Transgenders-PAN-Card-Taxscan.jpg "Father’s Name not Mandatory in PAN: Govt amends Rules [Read Notification]")
![CBDT releases Draft Notification proposing online Filing of Certain Applications [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/10/Direct-Tax-Statistics-CBDT-Taxscan.jpg "CBDT releases Draft Notification proposing online Filing of Certain Applications [Read Notification]")